The Institute of Management Accountants has released a new report explaining how accountants can improve their organization’s costing models, tools and information to support better decision making.

The healthcare financial environment was already complex, with changing payer requirements and mergers and acquisitions taking place. Then COVID turned healthcare organizations’ finances upside down.

The implementation of a cost accounting system is an important step for a growing small business. Implementation begins with identification of the correct costing system for the business, moves on to ...

Labor costing systems are methods of resource allocation to both pay employees and ensure a business achieves the highest profit possible from wages paid. A labor costing system can use process cost ...

The economy is always a hot topic, whether it’s a boom or a bust. While it moves in cycles, there are ways to help your company thrive amid the fluctuation. One of those, Justin Springer said, is an ...

Activity-based costing (ABC) is an accounting method that allows businesses to gather data about their operating costs. Costs are assigned to specific activities—planning, engineering, or ...

Inside referral gaps costing health systems patients and growth reveals how Jefferson Health and Novant improve patient flow and reduce leakage.

HOUSTON, June 9 /PRNewswire/ -- With a strong track record among major North American based corporations, Acorn Systems' leading profit improvement and Activity Based Costing solutions are now ...

Trincon Group, Columbus, Ohio, launched the Profoma Costing Model, based on the Tru-cost Based Costing System, designed to help transportation companies evaluate their profitability and counteract the ...

The industry buzzword “rightsizing” has largely been associated with a focus on shrinking equipment fleets, yet one area that is regularly overlooked and arguably just as important to consider is the ...

Transportation Costing Group (TCG) announces an upgrade to the LTL Cost Information System, the less-than-truckload application of TCG's motor carrier Transportation Costing Group (TCG) announces an ...

Another problem hampering IT managers who are trying to make data available to business executives on a real-time basis is their companies’ reliance on legacy accounting systems that are centered on ...